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FOX News
Dec 28, 2012 6:00am PST
. back to our top story. all eyes on washington where president obama will meet with congressional leaders to make one more attempt to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. w
FOX News
Dec 28, 2012 1:00pm PST
ago, nancy pelosi exiting the meeting with president obama and the republican leaders as well as harry reid and tim geithner e we have bearn boehner who left, nancy pelosi waiting for her suv and she'll take off. she won't speak, she won't come in front of a camera. we're waiting to see if the other lawmakers inside come and let us know what's going on. rich edison is outside the white house right now. >> reporter: house speaker john boehner, and nancy pelosi just left the white house so the meeting has wrapped up. still waiting to see if the senate leaders come out. an official saying the president opened the meeting up by offering essentially what he started negotiations with, so no word if they made progress on anything further to get this resolved. if not, it's bad news considering this is a pposal that republicans say could not have pass the house, probably not pass the senate if you have to go with of say 60 vote threshold. >> the fact both the house leaders left without taking a microphone, is that a bad sign? >> we may have lost his audio. again, we'll let you know nancy pelosi
FOX News
Dec 28, 2012 8:00am PST
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
FOX News
Dec 28, 2012 3:00am PST
, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise them at all but can't do more than john boehner's plan b, and didn't go to a vote. >> one for million. icle >> it would raise you billion in revenue. they were not for it in the first place but maybe get something through if obama willing to cut. obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate maj
FOX News
Dec 31, 2012 3:00am PST
's the amount coming in. i want to ask but this, second term, because president obama yesterday on "meet the press" was asked about this question, what does he think his top priority is for his second term? and he said immigration reform is his top priority. listen. >> so what is your single priority of the second term? what is the equivalent to health care? >> well, there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. i will introduce legislation in the first year to get that done. i think we have talked about it long enough. >> clayton: obviously a huge thing that needs to get done. should that be his top priority? what about jobs. >> juliet: a top priority. >> he didn't really say that. he said it was a priority. >> clayton: he said that before he got elected the first time. >> right. and it is a top priority. and the republicans ought to take the lead. they have to get smart. they can not have what happened to them with immigration and other issues sabotage their elections. you look at what's going on and frankl
FOX News
Dec 27, 2012 12:00pm PST
and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not much has changed. >> both sides are waiting for the other to make the first move. senate republicans are ready to look over a plan the democrats put forth but they say there's no plan. this morning the top senate democrat, harry reid, chided the top house republican, john boehner, nor not calling the house legislators back into zes speaker boehner should call them back today. he shouldn't have let them go in fact. they're not here. they are not here. john boehner seems to care more about keeping his speakership than keepin
FOX News
Dec 28, 2012 3:00pm PST
the president tried for weeks to get agreement on plan "a," $4 trillion debt creel. mr. obama has taken initiative to bring plan "c" to the meeting today. >> this is not for show. this is a last ditch effort by the president to bring congressional leaders together to get at least a small deal together before the new year to avoid some of the tax parts of the fiscal cliff. it would keep tax cuts for the making $250,000 a year or less, extending unemployment benefit and with the clock ticking delay dramatic spending cuts until next year. >> i asked leaders of congress to work toward the package to prevent tax hike on middle class americans protects unemployment surance for 2 million americans. lays the groundwork for work on growth and deficit reduction. that is an achievable goal. >> today's meeting is the first with the president since november 16. sign for republicans that mr. obama has not really been pushing that hard for a deal. >> we need presidential leadership on in the just taxing rich people. >> three words the president did not use. he did not use the word sequester and he did
FOX News
Dec 27, 2012 7:00pm PST
live on the record. greta, take it away. >> this news alert. an emergency meeting tomorrow at the white house. president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others
FOX News
Dec 29, 2012 3:00am PST
conference. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff level m
FOX News
Dec 29, 2012 1:00am PST
obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction
FOX News
Dec 30, 2012 7:00pm PST
into the closed door g.o.p. meeting he was just going to leave our interview to go into and potentially more news before we get off the air if we hear back from him. we'll check in. meanwhile, president obama making new remarks about the terror attack in benghazi, libya, saying we have some quote, good leads on who was behind the attack that killed four americans, including our ambassador to libya. this, as we're learning al-qaeda in yemen is offering a bounty for the murder of another one of our ambassadors. stay with us. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur if we took the alread
FOX News
Dec 28, 2012 6:00pm PST
president obama doesn't propose serious budgets. >> sean: senator toomey, how is this going to work because speaker boehner tried to pass a plan b. the president in the meeting today is insisting on raising taxes on small business and individuals over $250,000. but yet he wants to work through the senate. how how does this get through the house when they couldn't get it with a million dollars limit? >> well, first -- >> sean: or a million dollars cutoff. >> i don't know where the threshold might end up in the negotiations. my suspicion is that is perhaps one of the topics under discussion and second point i would make i think a part of the reticence is because they were afraid what would happen when it got over to the senate. if there is a reason package that can attract a lot of republican support in the senate then i think the prospect in the house improves dramatically. all depends on what is in the deal but that is a scenario that i think is plausible. >> sean: gentlemen, thank you both for spending time. happy new year and appreciate you being with us. >> happy new year, sean. >> sean:
FOX News
Dec 30, 2012 3:00pm PST
. president obama says 250,000, maybe i think 350,000 is the line. maybe someone else, 500,000, maybe someone else, 150. we can meet somewhere. >> that threshold is a big issue, how high do you extend the tax cuts. tom harkin says they offered keeping it 460,000 for couples. >>> we have watched the timetable kind of slide forward and backward today. a 1:00 deadline, three 3:00, then 6:30 and then 4:00. are you hearing anything about a timeline tonight? >> hearing the senate majority leader talking about tomorrow's schedule, coming back at 11:00 a.m., that seems to be punting into tomorrow and certainly things can move quickly when there's a deal but the question is, will there be a deal. >> mike emanuel, we'll bring you back as news warrants. >>> we want to go to the white house where president obama is keeping a eye on capitol hill. the president making his case and pressing lawmakers to reach a deal. when asked about the fiscal cliff in an interview today. ed henry is live from the white house. the president seemed to be aggressively pushing his message. >> he was. he's been briefed through
FOX News
Dec 24, 2012 10:00am PST
. they saved my life and the life of four others who were at that meeting. gregg: another fox news alert. this new development in the fight over the fiscal crisis as lawmakers head home for the holidays. there are reports president obama is scaling back his hope for a sweeping budget bargain with republicans. welcome to a brand new hour of "america live". i'm gregg jarrett. heather: i'm heather childers. we're in for megyn kelly. the president reportedly looking to strike a smaller deal that would extend tax cuts for the middle class without tackling spending cuts as reports surfaced that the president hasn't spoken with speaker boehner since he expressed his frustration at a news conference on friday. take a listen. >> we passed a bill to stop all the tax hikes on the american people scheduled to take effect january the 1st and we did that on august the 1st. and we proposed plans over and over again that democrats used to support but now they won't. heather: chief white house correspondent ed henry is live for us in honolulu. that is where the president ising christmas with his family.
FOX News
Dec 30, 2012 3:00am PST
and we should get a better gauge of running off the cliff after the meetings. if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >> reporter: and told us last night there's been no major progress. back to you. >> juliet: oh, well. >> dave: and we heard about on friday seemed to dried up. >> clayton: so cautious. >> juliet: i would say i appreciate cautious. >> clayton: well, much has been made about this $250,000 cap that's where the president initially wanted to raise the-- raise revenues taxing anyone over-- making over $250,000 for the household. so, $200,000 for a single person and $250,000 for a married couple. now, it seems like that number is being shifted be
FOX News
Dec 30, 2012 9:00am PST
the key negotiators mitch mcconnell on the republican side and harry reid on the democratic side to meet with respective senators at 3:00 p.m. this afternoon and should hear whether they feel like they have a deal or are still is struggling and perhaps have to go to president obama's plan c. shannon? >> shannon: we'll stand by. we know you are on it. mike emanuel on capitol hill. thanks. you are now looking live at the senate floor where a session is underway. the opening prayer there now being carried out asking for are wisdom and guidance for senators as they have a lot of work potentially ahead. shortly we should have is opening remarks from the majority leader, of course, senator are harry reid and then mitch mcconnell also expected. maybe first clues as to whether or not they hammered anything out. they complete the pledge now and then it is back to business. we'll keep you updated with any development there's. we have been asking you today to give us your input on a fiscal cliff. there are some lawmakers who say going over the cliff may actually be a food thing. do you agree or dis
Search Results 0 to 21 of about 22 (some duplicates have been removed)